Victory Oaks Inc

990 • Fiscal year 2014 • EIN 26-4381436

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 07, 2014

Organization Profile N/A

11400 Rockville Pike /20852

(301) 493-6000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.14x

Higher debt load relative to assets than 45% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

2.89x

Higher debt load relative to revenue than 90% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

-76%

Higher net margin than 3% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

$331,574

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 89.0% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

-3.7%

Faster asset growth than 20% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet

Liabilities / Assets45th percentile

Assets

Down

$7,507,889

Down $292,410 (-3.7%) from 2013

Net Assets

Down

$6,432,190

Down $282,185 (-4.2%) from 2013

Liabilities

Down

$1,075,699

Down $10,225 (-0.9%) from 2013

Revenue And Expenses

Liabilities / Revenue90th percentile Net Margin3rd percentile

Revenue

$372,423

No earlier filing loaded for comparison.

Expenses

Down

$654,608

Down $3,612,622 (-85%) from 2013

Net Income

-$282,185

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2014

Assets$7,507,889

Liabilities$1,075,699

Net Assets$6,432,190

Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2014

Revenue$372,423

Expenses$654,608

Net Income-$282,185

Open 2014 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2013 to Jun 30, 2014
Signed: Oct 7, 2014
Return Version: 2013v3.1
Gross Receipts: $372,423

Mission and Program Overview

Mission

Affordable housing and services

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$7,669,843	$7,344,797	▼ $325,046
Cash and Non-Interest-Bearing Accounts	$8,694	$14,132	▲ $5,438
Savings and Temporary Cash Investments	$10,442	$10,635	▲ $193
Prepaid Expenses and Deferred Charges	$7,500	$7,500	→ $0
Accounts Receivable	-	$0	-
Other Notes and Loans Receivable, Net	-	$0	-
Pledges and Grants Receivable	-	$0	-
Receivable From Disqualified Prsn	-	$0	-
Receivables From Officers Etc	-	$0	-
Investments Other Securities	-	$0	-
Investments Program Related	-	$0	-
Investments in Publicly Traded Securities	-	$0	-
Intangible Assets	-	$0	-
Inventories for Sale or Use	-	$0	-
Total Assets	$7,800,299	$7,507,889	▼ $292,410
Other Assets Total	$103,820	$130,825	▲ $27,005
Liabilities
Mortgage Notes Payable Secured by Investment Property	$1,000,000	$1,000,000	→ $0
Other Liabilities	$78,208	$60,908	▼ $17,300
Accounts Payable and Accrued Expenses	$7,716	$14,721	▲ $7,005
Deferred Revenue	-	$70	-
Total Liabilities	$1,085,924	$1,075,699	▼ $10,225
Net Assets / Fund Balance
Unrestricted Net Assets	$6,714,375	$6,432,190	▼ $282,185
Total Net Assets Fund Balance	$6,714,375	$6,432,190	▼ $282,185
Total Liabilities and Net Assets / Fund Balance	$7,800,299	$7,507,889	▼ $292,410

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$5,961,071	$259,177	$6,220,248
Leasehold Improvements	$1,096,643	$137,080	$1,233,723
Other Land Buildings	$282,216	$140,885	$423,101
Equipment	$4,867	$2,433	$7,300

Compensation and Service Providers

Top Officer Pay89th percentile

Employees

Name	Title	Other	Total
Jeffrey Blackwell	Asst Secretary	$147,662	$147,662

Board Members and Trustees

Name	Title
Paul E Johnson Jr	Chairman
James a Brown Jr	President
John D Spencer	Vice President
Most Rev Barry Knestout	Director
Rev Msgr Ralph Kuehner	Director
Thomas F Duffy	Director
KATHLEEN McWILLIAMS	Treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $372,388
Investment Income: $35
Other Revenue: $0
Change in Net Assets: $-282,185

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$580,432
Salaries, Compensation, and Employee Benefits	$74,176
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Depreciation Depletion	$323,648	-	-	$323,648
Other Salaries and Wages	$51,537	-	-	$51,537
Fees for Services Management	-	$24,318	-	$24,318
All Other Expenses	$17,983	$2,058	-	$20,041
Other Employee Benefits	$16,392	-	-	$16,392
Other Expenses	$11,373	-	-	$11,373
Office Expenses	$11,087	-	-	$11,087
Fees for Services Accounting	-	$9,000	-	$9,000
Payroll Taxes	$6,247	-	-	$6,247
Advertising	$3,927	-	-	$3,927
Fees for Services Legal	$2,776	-	-	$2,776
Travel	$92	-	-	$92
Total Functional Expenses	$619,232	$35,376	$0	$654,608

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: No
Subject to proxy tax: No

Insider Transactions and Loans

Loans and Receivables

Line Item	Beginning	End	Change
Receivables from Disqualified Persons	-	$0	-
Receivables from Officers, Directors, Trustees, and Key Employees	-	$0	-

Related Organizations and Partnerships

Related Tax-Exempt Organizations

Organization	Location	Activity	Code	Public Charity	Controlled
52-1261881	-	Real Estate	501(c)(3)	509(a)(2)	No
52-2219830	-	Real Estate	501(c)(3)	509(a)(2)	No
52-2028130	-	Real Estate	501(c)(3)	509(a)(2)	No
20-2023995	-	Real Estate	501(c)(3)	509(a)(2)	No
52-1845215	-	Real Estate	501(c)(3)	509(a)(2)	No
52-2131149	-	Real Estate	501(c)(3)	509(a)(2)	No
54-1592075	-	Real Estate	501(c)(3)	509(a)(2)	No
52-1901039	-	Real Estate	501(c)(3)	509(a)(2)	No
52-2356746	-	Real Estate	501(c)(3)	509(a)(2)	No
32-0021451	-	Real Estate	501(c)(3)	509(a)(2)	No
20-2024019	-	Real Estate	501(c)(3)	509(a)(2)	No
52-1681046	-	Real Estate	501(c)(3)	509(a)(2)	No
30-0017331	-	Real Estate	501(c)(3)	509(a)(2)	No
52-2293450	-	Real Estate	501(c)(3)	509(a)(2)	No
14-1869907	-	Real Estate	501(c)(3)	509(a)(2)	No
52-2231301	-	Real Estate	501(c)(3)	509(a)(2)	No
26-0040672	-	Real Estate	501(c)(3)	509(a)(2)	No
52-1979394	-	Real Estate	501(c)(3)	509(a)(2)	No
20-8067069	-	Real Estate	501(c)(3)	509(a)(2)	No
20-4714838	-	Real Estate	501(c)(3)	509(a)(2)	No
26-4381436	-	Real Estate	501(c)(3)	509(a)(2)	No
45-2954541	-	Real Estate	501(c)(3)	509(a)(2)	No
45-3693816	-	Real Estate	501(c)(3)	509(a)(2)	No
46-2901904	-	Real Estate	501(c)(3)	509(a)(2)	No
56-2623529	-	Real Estate	501(c)(3)	509(a)(2)	No

Related Partnerships and Joint Ventures

Organization	Location	Activity	Income	Assets	Ownership	Managing Partner
20-5732161	-	Real Estate	$-137,189	$2,011,123	25%	Yes
52-2208089	-	Real Estate	$-41	$2,636	0.00%	Yes
27-3279190	-	Real Estate	$-63	$2,213	0.01%	Yes
20-3924051	-	Real Estate	$-548,277	$1,270	0.01%	Yes
26-2341421	-	Real Estate	$-2	$1,261	0.01%	Yes
27-2371765	-	Real Estate	$-2	$1,117	0.01%	Yes
01-0693911	-	Real Estate	$14	$1,084	0.01%	Yes
26-2133960	-	Real Estate	$-19	$1,061	0.01%	Yes
03-0469442	-	Real Estate	$-20	$908	0.01%	Yes
46-5488566	-	Real Estate	-	-	0.01%	Yes
56-2623539	-	Real Estate	-	-	0.01%	Yes

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
52-2319037	-	Real Estate	$-39,878	$3,096,883	-
52-2322476	-	Real Estate	$-39,878	$3,096,883	-
75-3038747	-	Real Estate	$-41	$2,636	-
56-2623531	-	Real Estate	-	-	-

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Misc Current Liabilities	$28,836
Resident Security Deposits	$16,722
Due to Affiliate -- Long-term	$10,635
Misc Long-term Liabilities	$4,715

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Annual disclosure for covered persons: Yes
Audit committee: No
Backup withholding compliance: No
Business relationship with family members: No
Business relationship with organization members: No
Material changes to governing documents: No
Compensation from other sources disclosed: No
CEO compensation reviewed: No
Other officer compensation reviewed: No
Conflict-of-interest policy: Yes
Audited financial statements prepared: No
Key decisions subject to board approval: No
Management duties delegated: No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Draft of form 990 is provided to board members for review and approval prior to filing.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“UPON REQUEST”

Filing and Contact Details

Filer

EIN: 26-4381436
Phone: 3014936000

Signing Officer

Name: James A Brown Jr
Title: President
Signed: 2014-10-07

Organization Details

Principal Officer: James a Brown Jr
Formed: 2009
Legal Domicile: Md
Voting Board Members: 7
Independent Board Members: 5
Employees: 0

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc	0	AFFORDABLE HOUSING AND SERVICES
IRS990/MoreThan5000KToIndividualsInd	0	false
IRS990/MoreThan5000KToOrgInd	0	false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt	0	1000000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt	0	1000000
IRS990/NetAssetsOrFundBalancesBOYAmt	0	6714375
IRS990/NetAssetsOrFundBalancesEOYAmt	0	6432190
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt	0	0
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt	0	0
IRS990/NondeductibleContributionsInd	0	false
IRS990/OccupancyGrp/TotalAmt	0	0
IRS990/OfficeExpensesGrp/ProgramServicesAmt	0	11087
IRS990/OfficeExpensesGrp/TotalAmt	0	11087
IRS990/OfficerMailingAddressInd	0	false
IRS990/OnBehalfOfIssuerInd	0	false
IRS990/OperateHospitalInd	0	false
IRS990/Organization501c3Ind	0	X
IRS990/OrganizationFollowsSFAS117Ind	0	X
IRS990/OrgFiledInLieuOfForm1041Ind	0	false
IRS990/OtherAssetsTotalGrp/BOYAmt	0	103820
IRS990/OtherAssetsTotalGrp/EOYAmt	0	130825
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	16392
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	16392
IRS990/OtherExpensesGrp/Desc	0	REPAIRS / MAINTENANCE
IRS990/OtherExpensesGrp/Desc	1	UTILITIES
IRS990/OtherExpensesGrp/Desc	2	GROUND LEASE
IRS990/OtherExpensesGrp/Desc	3	HAZARD INSURANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	95242
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	48928
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	30000
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	11373
IRS990/OtherExpensesGrp/TotalAmt	0	95242
IRS990/OtherExpensesGrp/TotalAmt	1	48928
IRS990/OtherExpensesGrp/TotalAmt	2	30000
IRS990/OtherExpensesGrp/TotalAmt	3	11373
IRS990/OtherLiabilitiesGrp/BOYAmt	0	78208
IRS990/OtherLiabilitiesGrp/EOYAmt	0	60908
IRS990/OtherRevenueTotalAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	51537
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	51537
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	0
IRS990/PartialLiquidationInd	0	false
IRS990/PaymentsToAffiliatesGrp/TotalAmt	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	6247
IRS990/PayrollTaxesGrp/TotalAmt	0	6247
IRS990/PensionPlanContributionsGrp/TotalAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	7500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	7500
IRS990/PrincipalOfficerNm	0	JAMES A BROWN JR
IRS990/ProfessionalFundraisingInd	0	false
IRS990/ProgramServiceRevenueGrp/BusinessCd	0	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	1	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	2	531110
IRS990/ProgramServiceRevenueGrp/Desc	0	AFFORDABLE HOUSING
IRS990/ProgramServiceRevenueGrp/Desc	1	Fees & Contracts Gov Agencies
IRS990/ProgramServiceRevenueGrp/Desc	2	MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	150185
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	215984
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	2	6219
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	150185
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	215984
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	6219
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYContributionsGrantsAmt	0	6484700
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PYInvestmentIncomeAmt	0	11
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/PYOtherExpensesAmt	0	4196855
IRS990/PYProgramServiceRevenueAmt	0	278918
IRS990/PYRevenuesLessExpensesAmt	0	2496399
IRS990/PYSalariesCompEmpBnftPaidAmt	0	70375
IRS990/PYTotalExpensesAmt	0	4267230
IRS990/PYTotalRevenueAmt	0	6763629
IRS990/QuidProQuoContributionsInd	0	false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	-282185
IRS990/RegularMonitoringEnfrcInd	0	true
IRS990/RelatedEntityInd	0	true
IRS990/RelatedOrganizationCtrlEntInd	0	false
IRS990/ReportInvestmentsOtherSecInd	0	false
IRS990/ReportLandBuildingEquipmentInd	0	true
IRS990/ReportOtherAssetsInd	0	false
IRS990/ReportOtherLiabilitiesInd	0	true
IRS990/ReportProgramRelatedInvstInd	0	false
IRS990/RoyaltiesGrp/TotalAmt	0	0
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt	0	0
IRS990/SavingsAndTempCashInvstGrp/BOYAmt	0	10442
IRS990/SavingsAndTempCashInvstGrp/EOYAmt	0	10635
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/First5Years509Ind	0	X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	372145
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	420000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	792145
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	35
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	10
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	45
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	366169
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	241290
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	607459
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	35
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	10
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	45
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt	0	0
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt	0	6219
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt	0	2769
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	8988
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	1399604
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt	0	0
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	366169
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	613435
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	420000
IRS990ScheduleA/Total509Grp/TotalAmt	0	1399604
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	372423
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	616214
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	420000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	1408637
IRS990/ScheduleBRequiredInd	0	false
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	5961071
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	259177
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	6220248
IRS990ScheduleD/EquipmentGrp/BookValueAmt	0	4867
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	2433
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	7300
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt	0	1096643
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt	0	137080
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt	0	1233723
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt	0	282216
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt	0	140885
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt	0	423101
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	10635
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	28836
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	2	4715
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	3	16722
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	DUE TO AFFILIATE -- LONG-TERM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	MISC CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	2	MISC LONG-TERM LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	3	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	7344797
IRS990ScheduleD/TotalLiabilityAmt	0	60908
IRS990ScheduleJ/AnyNonFixedPaymentsInd	0	false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd	0	false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd	0	false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd	0	false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd	0	false
IRS990ScheduleJ/EquityBasedCompArrngmInd	0	false
IRS990ScheduleJ/InitialContractExceptionInd	0	false
IRS990ScheduleJ/RebuttablePresumptionProcInd	0	false
IRS990/ScheduleJRequiredInd	0	true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	0	331574
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	1	165486
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	0	JAMES A BROWN JR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	1	JOHN D SPENCER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	0	President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	1	Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	0	331574
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	1	165486
IRS990ScheduleJ/SeverancePaymentInd	0	false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd	0	false
IRS990/ScheduleORequiredInd	0	true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DRAFT OF FORM 990 IS PROVIDED TO BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd	0	false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd	0	false
IRS990ScheduleR/AssetSaleToOtherOrgInd	0	false
IRS990ScheduleR/DivRelatedOrganizationInd	0	false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd	0	false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd	0	false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1	0	VICTORY ENTR
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1	1	VICTORY HSG
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1	2	VICTORY HSG
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1	3	VICTORY HSG
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1	0	PARKFAIR ASSOCIATES LLC

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $7,507,889
Liabilities: $1,075,699
Net assets: $6,432,190
Revenue: $372,423
Expenses: $654,608
Net income: -$282,185

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$5.76	$1.84	$3.92	$0.51	$0.77	$0.26
2023Detailed filing. Detailed filing data is available for this year.	$5.95	$1.77	$4.18	$0.25	$0.37	$0.12
2022Detailed filing. Detailed filing data is available for this year.	$5.53	$1.03	$4.50	$0.51	$0.81	$0.30
2021Detailed filing. Detailed filing data is available for this year.	$5.79	$0.99	$4.80	$0.53	$0.67	$0.14
2020Detailed filing. Detailed filing data is available for this year.	$5.94	$1.00	$4.94	$0.45	$0.67	$0.22
2019Detailed filing. Detailed filing data is available for this year.	$6.20	$1.04	$5.16	$0.46	$0.62	$0.17
2018Detailed filing. Detailed filing data is available for this year.	$6.36	$1.04	$5.32	$0.42	$0.64	$0.22
2017Detailed filing. Detailed filing data is available for this year.	$6.61	$1.06	$5.55	$0.37	$0.67	$0.30
2016Detailed filing. Detailed filing data is available for this year.	$6.90	$1.05	$5.85	$0.37	$0.67	$0.30
2015Detailed filing. Detailed filing data is available for this year.	$7.21	$1.06	$6.15	$0.37	$0.66	$0.29
2014Detailed filing. Detailed filing data is available for this year.	$7.51	$1.08	$6.43	$0.37	$0.65	$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$7.80	$1.09	$6.71		$4.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$6.72	$2.50	$4.22		$0.01